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Difference between revisions of "Glossary for Powers of Attorney"
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Glossary for Powers of Attorney (view source)
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;Committee: A person or body (such as the Public Guardian and Trustee) appointed by the court to make legal, financial and medical decisions for someone who is mentally incapable and cannot manage their own affairs. | ;Committee: A person or body (such as the Public Guardian and Trustee) appointed by the court to make legal, financial and medical decisions for someone who is mentally incapable and cannot manage their own affairs. | ||
;Enduring power of attorney: A legal document that enables an adult to appoint another person to make financial and legal decisions for them, and specifies that the appointment | ;Enduring power of attorney: A legal document that enables an adult to appoint another person to make financial and legal decisions for them, and specifies that the appointment continues—or “endures”—in the event the adult becomes mentally incapable. | ||
;Fiduciary: A legal relationship where one person has an obligation to act for another's benefit. | ;Fiduciary: A legal relationship where one person has an obligation to act for another's benefit. | ||
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;Legal capacity: A person’s ability to enter into legal relations with others or to make binding decisions or agreements. Generally, the ability to appreciate the nature and consequences of a proposed relation or decision. | ;Legal capacity: A person’s ability to enter into legal relations with others or to make binding decisions or agreements. Generally, the ability to appreciate the nature and consequences of a proposed relation or decision. | ||
;Limited power of attorney: A power of attorney that limits the attorney’s powers to a specific task or a specific period of | ;Limited power of attorney: A power of attorney that limits the attorney’s powers to a specific task or a specific period of time—for example, to sign papers completing the sale of a specific property. | ||
;Notarized: When a notary public puts his or her seal on a document to confirm that a person signed the document in front of the notary. | ;Notarized: When a notary public puts his or her seal on a document to confirm that a person signed the document in front of the notary. | ||
